ProtectCyber Menu ProtectCyber

A Comprehensive Overview of Vulnerability and Patch Management for Corporations

By: ProtectCyber

Posted on: 01/05/2024

Threat actors are constantly looking for ways to launch cyber attacks worldwide and unpatched software is a prime target. Around 40,000 Cisco devices were hacked in the last quarter of 2023 due to an unpatched IOS XE vulnerability. Cisco has already released a patch, but the damage was done.

Organisations can’t risk a missed patch and patch management ensures software vulnerabilities are never missed. This article provides a comprehensive overview of the vulnerability and patch management process that companies must follow if they want to avoid incidents like what happened in Cisco.

What Is Patch Management?

Patch management is a process of efficiently applying vendor-issued updates (or patches) to software, drivers and firmware to close security vulnerabilities and optimise their performance. It’s a part of vulnerability management, which is a crucial process that mitigates security risks like unauthorised access and data theft.

Patches are necessary to correct bugs (errors or vulnerabilities) in software. Left unpatched, hackers can exploit these vulnerabilities and use them as the launching point of a cyberattack. Common areas that need patching are operating systems, applications and embedded systems (like network equipment).

However, patch management interrupts workflows and creates business downtime. As such, IT teams must balance cybersecurity with the company’s business needs. To minimise downtime, security teams usually streamline patch deployment.

Why Is Patch Management Important?

The goal of patch management is to protect endpoints from hackers and keep systems running in top shape. It offers a centralised process for applying new patches to IT assets. Patch management accomplishes the following:

  • Remediate vulnerabilities by applying security patches
  • Eliminating detected weaknesses
  • Improve software performance and user production systems
  • Fix bugs and minor issues that affect asset performance
  • Minimise downtime by prioritising critical updates that the organisation needs
  • Meet compliance regulations
  • Lower the cost of device lifecycle management and repair

Patch Management vs. Vulnerability Management

The patch management lifecycle is a critical part of a vulnerability management program. Any flaw or structural weakness is a security vulnerability since hackers can exploit them to launch cyber attacks, gain unauthorised access and harm organisations.

Patch management is one of the approaches that can be used to fix this security issue. Other options include implementing compensating controls to mitigate vulnerabilities without being fully patched (which happens when the patch isn’t available yet) or accepting the risk and doing nothing.

Patch management and vulnerability management are sometimes used interchangeably since both are security controls aimed at mitigating security risk. However, there are key differences. Patch management is limited in scope while vulnerability management offers a more holistic security program.

Furthermore, a vulnerability management system involves a continuous process of vulnerability scanning, identification, prioritisation, remediation planning and reporting on various system vulnerabilities.

Patch Management Program Benefits

There are multiple benefits to implementing a vulnerability and patch management program. These are:

  • Security improvement: Regularly applying patches helps address vulnerabilities in software and operating systems, reducing the risk of exploitation by cyber attackers. This improves an organisation’s security posture.
  • Risk mitigation: By promptly patching known vulnerabilities, organisations can reduce the likelihood of security breaches, data leaks and other cybersecurity incidents. This more proactive solution minimises financial, reputational and legal risks.
  • Operational stability: Patch management tools contribute to the stability and reliability of IT systems. Some patches not only address a reported vulnerability but also fix bugs and performance issues, leading to smoother operation of software and systems.
  • Compliance adherence: Many industries and regulatory standards require organisations to maintain up-to-date software and security patches. Implementing a patch management program aids in meeting compliance requirements, such as those outlined in regulations like GDPR, HIPAA, PCI DSS, etc.
  • Increased productivity: Unpatched systems are more prone to crashes, errors and performance issues, which can disrupt operational processes and productivity. Regular patching minimises these disruptions, allowing employees to work efficiently without encountering unnecessary IT-related obstacles.
  • Cost savings: Proactively managing patches can help organisations manage vulnerabilities and save money in the long run. Uplifting vulnerability management is often more cost-effective than dealing with the consequences of a successful cyberattack or extensive system downtime.
  • Efficient resource utilisation: Patch management programs automate and streamline the process of deploying patches, reducing the burden on the security team. This allows IT teams to allocate their time and resources more efficiently to other critical internal and external processes.
  • Support for remote workforce: With the increasing prevalence of remote work, patch management becomes even more crucial. Regular vulnerability assessment ensures remote devices are regularly patched, which helps maintain security and compliance standards across the organisation’s distributed infrastructure.
  • Enhanced reputation: Maintaining a strong security posture and protecting sensitive data enhances an organisation’s reputation among customers, partners and stakeholders. Conversely, experiencing security incidents due to unpatched vulnerabilities can damage trust and credibility.
  • Future readiness: By establishing a robust vulnerability management program, organisations can cultivate a culture of proactive risk management and cybersecurity readiness. This positions them well to adapt to evolving threats and future technological advancements.

A well-executed patch management and vulnerability management program contributes to a company’s resilience, efficiency and long-term success.

Best Practices for Vulnerability and Patch Management

Keeping your systems secure is the whole point of vulnerability and patch management. But with so many latest patches, tracking and applying them can be a huge security investment. The following are best practices for efficiently implementing patch management.

1.     Keep an updated inventory of systems

Know the software and hardware in the organisation and know where your environment currently stands. This includes servers, workstations, IP addresses, networking devices and applications. Understanding your assets is crucial to identify vulnerabilities and implement patches effectively.

Regularly assess vulnerabilities to identify weaknesses and vulnerable systems within your IT infrastructure. Utilise automated scanning tools and manual assessments to proactively identify threats in your systems.

2.     Prioritise critical patches and test them before deployment

Not all reported vulnerabilities are equal in terms of risk impact. Establish a risk-based approach to prioritise vulnerabilities based on factors such as severity, exploitability and criticality to your organisation’s operations. Focus on patching critical vulnerabilities that pose the greatest risk in the entire system.

Before you deploy patches to production environments, thoroughly test them in a controlled testing environment to assess compatibility and ensure they do not introduce any adverse effects or system instability. Consider creating test cases that simulate real-world scenarios to validate patch effectiveness.

3.     Create a patch deployment strategy

Develop a structured process to deploy patches across your IT infrastructure. This may involve scheduling regular patching windows, segmenting systems based on risk and criticality and utilising automated tools to streamline the process.

Implement robust vulnerability management procedures to track and document all patching activities. Maintain detailed records of patch deployments, including dates, versions and any associated changes or incidents. This helps in maintaining accountability and facilitating audits.

4.     Automate patching and apply patches as soon as possible

Threat actors waste no time in exploiting vulnerabilities. When software updates are released, they often reverse engineer it to know the vulnerability. Rapidly applying patches ensures malicious actors have no time to exploit your system’s vulnerability.

Automate the patching process to reduce the time that systems are unpatched and susceptible to attacks. While it may cause disruption, the inconvenience is a small price to pay for a massive disturbance.

5.     Continuously monitor your systems and the latest threats

As part of the patch management life cycle, you must constantly conduct a vulnerability assessment to detect new and emerging threats. Utilise intrusion detection systems (IDS), security information and event management (SIEM) solutions and threat intelligence feeds to stay informed about evolving security risks.

Keep track of the latest patches that are released and stay on top of those needed for your systems. Software vendors have their methods of communicating the latest patches. Subscribe to their security advisories and mailing lists to receive timely notifications about new patches and security updates.

6.     Educate your employees

Educate employees about the importance of vulnerability management and their role in maintaining a secure computing environment. Encourage users to promptly install updates on their devices and report any suspicious activity or vulnerabilities they encounter.

User awareness goes a long way in both vulnerability management response and preventing an unwanted breach. Often, all it takes is one careless user to expose the entire organisation to a massive attack.

Barriers to Vulnerability Management

As the organisation grows, it’s important to constantly protect your enterprise against diverse threats. This includes introducing new and better vulnerability management practices and solutions.

However, the following barriers are common stumbling blocks that prevent many organisations from improving their systems.

Lack of visibility

Inadequate visibility into your organisation’s IT infrastructure can hinder vulnerability assessment. This is most challenging for large or decentralised environments where assets are dispersed across various locations.

Overcome this barrier by implementing a comprehensive vulnerability management system and using network scanning, endpoint management platforms and other asset management solutions.

Complex IT environments

Modern IT environments are increasingly complex with a mix of on-premise, cloud-based and hybrid infrastructure. Managing vulnerabilities across these diverse platforms can be daunting.

To resolve this challenge, streamline IT environments (where possible), consolidate systems, standardise configurations and leverage automation tools.

Resource constraints

Limited resources, including budget, staff and tools, can pose significant barriers to effective vulnerability management.

Prioritise cybersecurity in budget allocations and staffing decisions. Consider outsourcing certain vulnerability tasks to managed security service providers to supplement in-house resources.

Vendor coordination

Coordinating with multiple software vendors to obtain patches and security updates can be challenging, especially if vendors have different patch release cycles or communication channels. Delays in patch availability or inconsistent vendor response times can prolong the vulnerability remediation process.

Establish relationships with software vendors and stay informed about their patch release cycles and timelines. Engage with their advisory boards and forums to stay informed of upcoming patches.

Evolving threat landscape

The constantly evolving threat landscape poses ongoing challenges for vulnerability management. New vulnerabilities are discovered regularly, and threat actors continually adapt their tactics, techniques and procedures (TTPs) to exploit them.

Stay informed about emerging threats and vulnerabilities through threat intelligence feeds, security advisories and industry forums. Implement proactive threat hunting and monitoring capabilities to detect and respond to emerging threats and manage vulnerabilities in real time.

Patch and vulnerability management may seem burdensome when you consider the downtime and constant monitoring involved. But the benefits far outweigh the discomforts. Rigorously prioritising vulnerabilities and patching your systems is a proactive measure to prevent attacks and ensure an effective security program.

Find out more about our Vulnerability and Patch Management.


About the author

ProtectCyber is a leading Australian cyber security firm dedicated to safeguarding businesses and individuals from digital threats. Our expert team, with decades of combined experience in the field, provides insights and practical advice on staying secure in an increasingly connected world. Learn more about our mission and team on our
About Us page.